Clients will realize enhanced performance, innovation and management in their contingent workforce programs through the combined global companies
PRO Unlimited, an Integrated Workforce Management (IWM) platform provider, today announced that it will acquire Geometric Results, Inc. (GRI), a leading independent, outsourced workforce management expert, owned by funds managed by Bain Capital Private Equity Europe. This acquisition will increase the value of PRO’s IWM platform by adding GRI’s proven Managed Services Program (MSP) capabilities to its robust portfolio of SaaS, Talent Intelligence and Professional Services solutions.
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“PRO is set to be a great home for the future of our employees and our customers, who will now benefit from a broad portfolio of services via the comprehensive PRO platform”
The proposed GRI transaction continues PRO’s organic and M&A growth journey. The addition of GRI’s services includes SOW optimization, proactive sourcing, market intelligence, and supplier engagement. This will reinforce PRO’s offering for customers including Fortune 1000 and mid-market organizations across multiple industry verticals. It will further enhance the PRO client experience by broadening and deepening the services it offers companies in the areas of strategic talent acquisition, cost savings and growth goals related to their contingent workforce management programs.
“Our number one priority is providing organizations with the most innovative and client-centric solutions to accelerate how they acquire, manage and optimize talent,” said Kevin Akeroyd, CEO, PRO Unlimited. “GRI shares this same strategic approach for its customers. Combining two leading contingent workforce management companies allows us to reimagine and transform the future of work.”
Akeroyd added, “With GRI’s team of experts and ours, we have a new opportunity to innovate, anticipate and solve future workforce management challenges. Our existing and new clients will be able to rely on us for greater management, performance and financial control over their workforce and talent supply chains.”
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GRI is currently owned by MSX International, a portfolio company of funds managed by Bain Capital Europe that provides technology-enabled business process outsourcing. GRI offers customized MSP solutions to over 150 global clients, with over $4 billion in spend under management. Its presence in both the UK and India further extends PRO’s established operations in these countries and increases its vast supplier network of over 10,000 agencies. With the proposed acquisition, the combined client spend under management for PRO will reach over $22 billion.
“GRI continues to exceed growth expectations due to the contributions of our team and partners at Bain Capital Private Equity, our ability to remain aligned with clients and our commitment to over-deliver with a broad suite of capabilities,” said Mike Wachholz, CEO of GRI. “Their strategic and operational expertise has helped us build a highly scalable model to support further market penetration and diversification, and we’re incredibly excited to continue our growth journey in concert with PRO Unlimited.”
